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Becamex IDC among Forbes Vietnam's list of top 50 listed firms

By VNA / DA NANG Today
December 19, 2021, 11:56 [GMT+7]

The Industrial, urban and transport infrastructure developer Becamex IDC Corp has been named among the top 50 listed companies 2021 by Forbes Viet Nam.

Becamex IDC Deputy General Director Quang Van Viet Cuong received the token of the Forbes Vietnam's accreditation. (Sorce: becamex.com.vn)
Becamex IDC Deputy General Director Quang Van Viet Cuong received the token of the Forbes Vietnam's accreditation. (Sorce: becamex.com.vn)

With more than 30 years of experience in the field of industrial and urban infrastructure development, Becamex IDC is not only successful in the southern province of Binh Duong but also contributes to socio-economic development in many localities following the Government’s direction of cooperation programmes between Binh Duong and other provinces and cities.

Becamex IDC’s methodical business orientations and effective operation strategy lay an important basis for it to be recognised by Forbes Viet Nam.

In the recent shareholder meeting, Becamex IDC agreed to cancel the share issuance plan to increase its charter capital from 10,350 billion VND to 20,000 billion VND (870.23 million USD).

At the end of the afternoon session on December 17, Becamex IDC's stock price reached 67,900 VND per share following a consecutive week of price increases.

Forbes Vietnam said despite the COVID-19 pandemic, the companies included in the list have sought business opportunities, achieved good results and contributed to the country’s economic development.

The firms have made the best performances on the Ho Chi Minh City Stock Exchange (HoSE) and the Hanoi Exchange (HNX).

Forbes Viet Nam made the assessment based on such indicators as Compound Annual Growth Rate (CAGR), Return On Equity (ROE), Return On Capital (ROC) and Earning Per Share (EPS) during the 2016-2020 period.

Source: VNA

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